INEOS Oxide building a new ethylene terminal

INEOS Oxide says it will build and operate a new one million tpy ethylene terminal, to be constructed at its Zwijndrecht facilities in Belgium. Operation of the new deep-sea terminal is expected to start in 2012.

Once completed, the new INEOS terminal will be connected directly to INEOS’ ethylene consuming facilities in the Antwerp/Rotterdam area and into Europe via the ARG ethylene pipeline linking Antwerp to Cologne and the Ruhr industrial areas.

“The INEOS Group is the largest consumer of ethylene in Europe and I am pleased to confirm this significant investment at our Antwerp facility,” said Hans Casier, CEO of INEOS Oxide. “The new terminal secures the competitiveness of our site and underlines the importance of our production facilities in Antwerp, located at the heart of the largest petrochemical area of Europe.”

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